Risk assessment
Work through the source-guided risk assessment that feeds the AML/CTF program before policy and approval.
AML Shield has support for a unified risk assesments for the Legal/professional services and conveyancing professions
Review the designated services and decide which services your business has the risk appetite to provide.
Capture the service and customer risk factors that influence the final assessment and the program controls.
Record how country risk affects the assessment and the controls the business will apply.
Keep the final approval evidence with the risk assessment version before the program documents are updated.
